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This new resource from respected practice consultants explores the ways new revenue sources, including ancillary services, can help fill the gap created by declining revenues. It describes the benefits of new service integration, surveys the types of services that might be appropriate, and offers an analytical approach for determining the probable benefit. Also the potential impact of the legal and regulatory environment on such ventures is reviewed. Includes case studies, a strategy checklist and a sample pro forma.
Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.
A detailed road map for wealth managers who want to build an ensemble firm or team and achieve sustained growth, profitability and high valuations Why do ten percent of wealth management firms grow faster than the rest of the industry, often despite the turbulence of the markets? The answer, according to industry consultant and researcher, P. Palaveev, is that the most successful firms are those which, create and promote a team-based service model that serves as the foundation of their enterprise. Find out how and why a team-based service model can play a decisive role in the future growth and sustained success of your wealth management firm Discover the key factors for building a successful ensemble firm and profit from the best practices top team-based firms employ Profit from the author's years of experience working with the world's top wealth management firms and the data he has compiled as a pre-eminent industry researcher Learn about the various organizational structures, partnership models and career path options and how to put them to work building an ensemble practice Get the lowdown on how the savviest traditional broker-dealer firms have formed dynamic ensemble teams within their organizations and learn of the results they've achieved
Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection. This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books. This book will teach you how to: Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation Take a look at the first pages of the book by clicking on the Look Inside feature Praise For The White Coat Investor "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E Wilde, M.D Scroll up, click the buy button, and get started today!
This unique resource provides a solid introduction to practice management for orthopedic practitioners—whether employed in a hospital setting, in private practice, or on faculty at a university setting—and it will be especially valuable to all surgeons still in their residency, providing valuable insight into how to best prepare to effectively care for patients. Orthopedists both domestic and international will benefit immensely from its contents, skills that are often overlooked in medical training. Part one presents the essentials of starting and building a practice, including strategic, personal and legal considerations, partnerships and ancillaries, keys for growth and success, incorporating mid-level providers, and the use of social media. Leadership and management are covered in part two, discussing the management of a private practice and a privademic medical center, recruitment and expansion, outcome collections, the pursuit of a dual degree, and all-important healthcare policy. Additional relevant topics are presented in part three, including surgical training and education, independent medical exams and legal depositions, board certification and maintenance, principles of clinical research, and surgical innovation. In today’s ever-changing healthcare climate, practitioners must know how to deliver the medicine they spent so many years learning and perfecting. Orthopedic Practice Management is the first text dedicated to teaching surgeons the essential non-clinical fundamentals for succeeding in healthcare. No matter what stage of practice you are in—from student to master surgeon—you will find that this book contains invaluable information for achieving success in orthopedics.
In the same way that it has become part of all our lives, computer technology is now integral to the work of the legal profession. The JURIX Foundation has been organizing annual international conferences in the area of computer science and law since 1988, and continues to support cutting-edge research and applications at the interface between law and computer technology. This book contains the 16 full papers and 6 short papers presented at the 26th International Conference on Legal Knowledge and Information Systems (JURIX 2013), held in December 2013 in Bologna, Italy. The papers cover a wide range of research topics and application areas concerning the advanced management of legal information and knowledge, including computational techniques for: classifying and extracting information from, and detecting conflicts in, regulatory texts; modeling legal argumentation and representing case narratives; improving the retrieval of legal information and extracting information from legal case texts; conducting e-discovery; and, applications involving intellectual property and IP licensing, online dispute resolution, delivering legal aid to the public and organizing the administration of local law and regulations. The book will be of interest to all those associated with the legal profession whose work involves the use of computer technology.
Economics for Today 6e simplifies the array of confusing economic analyses and presents a straightforward and balanced approach that effectively teaches the application of basic economics principles. Only essential material is included in the book and key concepts are explained in clear and simple terms. Written in an engaging and user-friendly manner, the book is designed for non-majors (although can also be used in these courses) with a continued focus on ethics in economics, sustainability and environmental economics, housing stress, development, health, happiness and debt crises. Economics for Today 6e is also available in MindTap, a personalised eLearning solution. MindTap provides interactive graph builders, online tests, video content and access to Aplia to build student confidence and give you a clear picture of their progress.